New York’s Waldorf Astoria hotel will be re-opened this week as a condominium building.

The non-profit used municipal bonds to finance the acquisitions of thousands of low-income apartments in the Chicago area.

Part of what is driving volume are high levels of liquidity propelled by demand from investors who are interested in acquired short term paper.

Current demand trends and healthy underwriting standards indicate there shouldn’t be significant issues any time soon.

The plan would include tax credits for first-time homebuyers and low-income renters.

Former company CEO Rizk has abandoned efforts to take over the REIT.

The importance of REITs has also shown up in their Straits Times Index weighting, which has doubled over the last five years.

Bets on rate cuts accelerated on Monday, with Fed pricing alone moving about 10 basis points amid a global rush to safety